Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

557 Dixon Road 116 & 117, Toronto, ON M9W 6K1

Commercial Retail
$14
$4,916per month, rent and TMI
Rent
$3,059 / month
TMI
$1,857 / month
Rate
$14 / sq ft + $8.5 TMI
Area
2,622 sq ft

Worked out from the rate and area the board publishes, at a twelfth of the annual figure. Confirm the terms before relying on them.

Fantastic Location With highway 401 Exposure. Close To Pearson Airport, Hotels, And Toronto Congress Centre. Zoning Allows For Many Uses. Four 2 Piece Bathrooms And Two Kitchenettes. Easy Access To Major Highways 401 & 427, Boasts Recently Renovated Common Areas And Plenty Of Parking. Space Not suitable For Place Of Worship Or Massage Therapy.

MLS number
W13621064
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
M9W 6K1
Photos
1
Property tax
$9 / year
44days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Kipling Collegiate Institute4.6 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Queens Grove SchoolElementary and secondary469 mNot reported
Parkfield Junior School
Toronto DSB
Elementary883 m7.0 / 10
70% met the standard · 3 of 6 measures
Transfiguration of our Lord Catholic School
Toronto CDSB
Elementary724 m7.9 / 10
79% met the standard
École élémentaire Félix-Leclerc
CS Viamonde
Elementary818 m9.2 / 10
92% met the standard
ÉÉC Notre-Dame-de-Grâce
CS catholique MonAvenir
Elementary1.5 km8.9 / 10
89% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 45 people.

25%Detached houses
27.6Median age

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204479 — the few blocks around this address, home to 45 people. It describes the area, not this property.

45Population
37Average age
2.6Household size
44%Never married
15 to 19 years17%
20 to 24 years8%
25 to 29 years25%
30 to 34 years8%
35 to 39 years17%
50 to 54 years8%
60 to 64 years8%
65 to 69 years8%

Percentages are of the 60 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$3 · minimum here is $1
$0.06per month
Borrowed before insurance$11
Total borrowed$11
Interest over 25 years at 4.5%$7

If you rented it out

-$0.81per month out of pocket
Rent$0.00
Everything it costs to hold$0.81
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 1 still in progress.

585 DIXON RD271 m
Under Review · applied March 11, 2025

Site Plan Control application to demolish and reconstruct the gas station with an integrated convenience store, a quick-service restaurant with a drive-through. The existing car wash and eight-pump fuel station canopy will remain.

City planning file →
600 DIXON RD133 m
Final Approval Completed · applied September 9, 2024

Draft Plan of Standard Condominium for 115 commercial units.

City planning file →
600 DIXON RD133 m
Closed · applied March 18, 2022

Proposed site plan amendment to existing site plan approval application Changes to interior configurations which results in an additional storey

City planning file →
1030 MARTIN GROVE RD431 m
Closed · applied February 1, 2022

Proposal to construct a rear addition to the existing one storey, 2,498 square metre industrial building. The proposed addition measures 11 metres in height with a gross floor area of 848 square metres.

City planning file →
634 DIXON RD397 m
Closed · applied September 1, 2021

Site Plan Application for a proposal to divide one of the commercial units in the south building into two units. One unit will accommodate a take-out restaurant with a drive-through, the other a retail store.

City planning file →
998 MARTIN GROVE RD142 m
Closed · applied March 20, 2019

The application proposes to expand the existing hotel (192 rooms) by constructing an 11-storey building located at the rear of the existing building. The new addition will accomodate an additional 205 hotel suites and office space.…

City planning file →
1020 MARTIN GROVE RD361 m
Closed · applied December 14, 2011

Proposal to construct a one-storey addition (14,431 square metres) to the north conference building municipally known as 1020 Martin Grove Road.…

City planning file →
606 DIXON RD165 m
Closed · applied February 1, 2010

Proposed development of a new 1 storey autobody shop. An existing industrial building will be demolished

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data provided by the Toronto Regional Real Estate Board.